Friday, September 7, 2012

Apple's iPhone 5 invite sparks new spike in trade-ins

Apple's cryptic invitation on Tuesday to an event set for next week triggered another surge in trade-in activity by consumers wanting to unload older iPhones in time to buy the new model. Some trade-in companies registered spikes on Tuesday that were as high as 300 percent above the week before. Apple issued invitations to reporters, bloggers, and analysts for a Sept. 12 event that day.

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